Nursing home administrators and other facility leaders saw their average salary increase significantly over the past year, according to industry’s largest annual wage and benefits survey, which was released Tuesday.
The national average administrator salary increased by 3.4% to $115,742 in 2020 after being $111,979 in 2019, according to the 43rd annual HCS Nursing Salary & Benefits report. Last year, the national average salary for the position saw a 4.35% increase.
The survey is the industry’s most expansive and is conducted in cooperation with LeadingAge and the American Health Care Association. More than 1,500 nursing homes and 141,700 employees participated in this year’s analysis.
Assistant nursing home administrators saw their average salary increase to $74,381 — a 3.46% jump for the year. Meanwhile, the national average salary for directors of nursing reached $101,465, while the average assistant DON salary rose to $78,309.
An upward trend for average hourly rates continued with a huge jump for certified nurse aides in 2020. National average hourly rate for CNAs in nursing homes soared 4.76%. Last year, it increased 3.1%.
The report also revealed that turnover for top level executives rose to 20.46% in 2020 from 11.63% in 2019.
Data from the survey was compiled through March 2020, which makes it a “time capsule of the long-term care world before coronavirus,” an HCS spokeswoman noted.
The full report is available for purchase at the HCS website.